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Alas, it will continue without news, and the seller dumping 200k ish if stock per day now, and no buyers ah for the times last year where we were in a range of 6 to 7p for nearly 12 months, remember the days we had 250k buys day in, day out, amassing to something like 4 mill ( may not have been the day person etc ) that was 5p to 7p?
We go again, ever lower, head for the San Andreas trench. Until the 100k seller stops or we get positive news, investors be it LTH or traders wont put anything our way, as the SP will keep eroding, i mean, whats the point of putting money in if you can get it cheaper tomorrow, the day after etc etc etc.
Thanks for the reply, I have had the odd exchange with him over the years and obviously his predictions haven`t yet worked out, but still hoping things change here for the good. I wouldn`t wish him any ill health and if he returns, let`s hope it`s with a more pleasant character. GLA
Indeed PYC is well funded with a unique in demand product and a competent BoD with an effective business model that will produce breakeven/profits anytime soon. As for SH getting shafted, well at least it should be cash that they can afford to lose - it's happened to me on numerous occasions! But most of the employees, many who may have done their best and worked above and beyond to avert the catastrophe, lose their livelihoods and sometimes with no warning or compensation. That's a real cost.
Yep the DDDD debacle is defo a shock to the shateholders. As usual, SH are the ones who get shafted, especially if funding issues arise & the people issuing loans come calling. PYC are thankfully a different animal, however, this is AIM and anything can pop up and SH get shafted.
Just been reading the really sad stories on DDDD this weekend, the people on there are set to lose everything due to huge losses and poor management and financial control. We can't help the current economic and political situation but at least we have very good financial control and growing revenues and small losses. The one thing that attracted me to PYC was the fact it it is a service conapny not a drug development one ( albeit I also have SCLP)
Err - OK Kidling - you may have a point, sort of!! Yes indeed a mega company - this just demonstrates how our product is in fact attracting real attention from all and sundry. In my book PYC really has a USP. Crucially, software is cheap to reproduce and so our cost base will not drag down revenue. Happy Days are just around the corner!!
One can speculate but the only thing we know is the dissapearance of Riddler coincided with the collapse of DMTR and poor performance of PYC. Both of these Riddler along with several other posters who are now absent cheerleaded and 'policed' the board for any negative comments and abused and reported anyone who posted an opinion that wasn't in the stocks favour. Neither of these stocks have followed the narrative that was continually presented by this group of posters.
Hi Kidlington, This was announced a month or so after the interims RNS and part of the stated pipeline but I don't think Servier is that large? Possibly that one still to come?
Hi ooofffttt, Didn't mean to insult you but I genuinely hadn't realised that you were referring to the interim statement. That was only some 3.5 months ago and the Servier contract was already announced. My take on that was that although they were described as discussions that were advanced experience shows that time is still needed - particularly with the larger companies we are now dealing with.
I am now of the opinion that the "large pharmaceutical client" alluded to is in fact the RNS about Servier. Thou in the RNS is does not state "large pharma" it says "international pharma", I was expecting that if a new client had been signed up, then a RNS would say something along the lines of "This is the large pharma we alluded to in the interim's?" Maybe JM is just playing with words? Anyway down again. Is someone shorting this? The SP now has to double to get back to where we were a some months ago.
Truro, from the interims: "In addition, the Company has a strong pipeline of projects in advanced discussion, including one with a potential new large pharmaceutical client."
This "potential new large pharmaceutical client." has been brought up here many times, yet failed to materialise.
"Either the pipeline was not as attractive (or as advanced) as suggested or is the BDM failing to deliver? " is a valid question which can't be dismissed in the insulting way you've done to the poster that posed it.
1) You called what was announced as contracts a pipeline. You can't turn existing contracts into contract/sales as they're already a fact!
2) This is a personal decision and I would be surprised at any comment.
However if you truly want a response from JM then this is not the place to pose those questions. As regards the low SP, I have 6 companies on AIM 1 of which is suspended and the remaining 5 are all in the same boat as PYC in that they are looking to breakeven/break into profit. All are at their lowest SP for 12 months or over - it's just the way it is. Markets are down.
So all the gains made on Monday, wiped off and more in last few days. no 30k seller today, maybe they have transitioned into selling 100k chunks? Just as soon as i think the SP cant go lower, down it goes. I guess if anyone is thinking of buying here, they balk at the thought, see if the SP stabilises?